Ontario Real Estate Market Cooling Down in 2023: What Buyers and Sellers Need to Know

Brantford, Buyers, Cambridge, Guelph, KW, Real estate, Sellers, Waterloo Region, Wellington / By

Introduction The Ontario real estate market in 2023 has been showing signs of cooling after years of skyrocketing home prices. In June 2023, the average home price in Ontario was $910,102, down 2% month-over-month. Factors Contributing to Market Cooling Rising interest rates: The Bank of Canada has raised interest rates several times in recent months, […]

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